$250,000
Popular Family Restaurant/Lounge
Listing Type: Business Opportunity
Category: Food And Beverage
Status: Pending
CBA ID#: 666305
0 Undisclosed
Seattle, WA 98116
Commercial Property

Marketing Description:

It doesn't get any better than this! Turn-Key, very popular and very busy restaurant with strong sales! A true American classic in the heart of a bustling, neighborhood community! Fresh 4,730 sq ft open-concept atmosphere seats 150 with a full-service lounge/bar. Full kitchen features, class 1 hoods, walk-ins. Everything is ready for you to take over and own a very successful restaurant and lounge. As they say, location is everything. This restaurant has huge visibility on a corner of a busy main street that could easily accommodate any food concept. Sellers will finance a well qualified buyer with 50% down. NDA required for details.

Use Discretion: No

Included in Price:

  • Real Property: No
  • Inventory Included: No
  • Fixtures/Equipment: Yes
  • Fixtures/Equipment Details: 175000
  • Phone System: Yes
  • Trade Name: No
  • Excluded Items: No

Financials:

  • Operating Income: $1,848,809
  • Operating Expense: $1
  • Net Profit: $1,848,808
  • Monthly Rent: 12743
  • Docs With Offer: No
  • Profit/Loss Years: 3
  • Schedule C Years: 3
  • Balance Sheet Years: 3
  • YTD Statement: Yes

Seller Terms:

  • Seller Terms: Yes
  • All Cash: No
  • Minimum Down: 50%
  • Percent Interest: 0.00

Property Features:

  • Catagory: Food And Beverage
  • Leaseable SqFt: 4730
  • Includes Living Space: No

Business Features:

  • Ownership Type: Partnership
  • Hours: 8a-12am
  • Days Open: 7
  • Seating: 150
  • FT Employees: 14
  • PT Employees: 4
  • Year Established: 2017
  • Why Selling: multiple restaurants

Licenses:

  • Beer/Wine: Yes
  • Gambling: Unknown
  • Professional: Unknown
  • Class H: Yes
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This Listing Supplied Courtesy of KR Business Brokers
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
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